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Goldman Tops M&A Advisers After Blockbusters


For the past two years, investment bankers who rely on fee income from mergers and acquisitions have talked optimistically in January only to see deal volume fall, or flat line.

This year may finally be different. Companies have been hiring bankers and M&A lawyers to assess an increasing number of opportunities. Contracts for early-stage M&A work worldwide jumped 17 percent in the fourth quarter, a sign 2014 will pick up, says Matthew Porzio, vice president of M&A strategy and product marketing at New York–based Intralinks Inc., which tracks early activity.